4582.41
Secretary's bond - care of funds.

Before receiving any moneys, the secretary of a port authority
created in accordance with section
4582.22 of the Revised Code shall
furnish bond in such amount as shall be determined by the port authority, with
sureties satisfactory to it, and all funds coming into the hands of said
secretary shall be deposited by him to the account of the port authority in one
or more such depositories as shall be qualified to receive deposits of county
funds, which deposits shall be secured in the same manner as county funds are
required to be secured. No disbursements shall be made from such funds except
in accordance with rules adopted by the port authority.